New 3 Bedroom Apartments for Rent in Memphis, TN (40 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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2283 Young Ave
Built in 20223 Bedroom Apartments

2283 Young Ave

2283 Young AveMemphis, TN 38104
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2395 Avery Ave
Built in 20213 Bedroom Apartments

2395 Avery Ave

2395 Avery AveMemphis, TN 38112
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The Charleston
Built in 20253 Bedroom Apartments

The Charleston

5387 Alladin AveMemphis, TN 38120
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750-758 Meda St
Built in 20233 Bedroom Apartments

750-758 Meda St

750-758 Meda StMemphis, TN 38104

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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Mason Homes on 4th
Built in 20183 Bedroom Apartments

Mason Homes on 4th

900 S 4th StMemphis, TN 38126
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Forum Flats
Built in 20193 Bedroom Apartments

Forum Flats

441 E Pontotoc AveMemphis, TN 38126
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Burkle and Main
Built in 20213 Bedroom Apartments

Burkle and Main

812 N Main StMemphis, TN 38107
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Askew Place
Built in 20163 Bedroom Apartments

Askew Place

650 E Georgia AveMemphis, TN 38126
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Uptown Flats
Built in 20183 Bedroom Apartments

Uptown Flats

627 N Main StMemphis, TN 38107
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Patterson Flats
Built in 20183 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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Parcels at Concourse
Built in 20163 Bedroom Apartments

Parcels at Concourse

1350 Concourse AveMemphis, TN 38104
Corporate Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Carolina Terrace
Built in 20233 Bedroom Apartments

Carolina Terrace

699 Meditation LnMemphis, TN 38103
Corporate Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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11311 Ardsley Dr S
Built in 20213 Bedroom Apartments

11311 Ardsley Dr S

11311 Ardsley Dr SArlington, TN 38002
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Frisco Park
Built in 20213 Bedroom Apartments

Frisco Park

408 S Avalon StWest Memphis, AR 72301
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Millington Flats
Built in 20233 Bedroom Apartments

Millington Flats

7289 Raleigh Millington RdMillington, TN 38053

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Memphis, TN Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Memphis, TN Rentals by Map

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See the most popular apartments and homes in Memphis, TN

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Frequently Asked Questions about 3 Bedroom Memphis Apartments

What is the Cheapest apartment in Memphis with 3 Bedroom?

Currently the most affordable 3 Bedroom in Memphis is at Valley Forge listed at $750.

How much is the average rent for a 3 Bedroom Memphis Apartment?

The average rent for a 3 Bedroom Apartment in Memphis is $1,707.

What is the largest available 3 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 2,822 square feet unit starting from $3,093 at Indigo Riverview.

What is the average size for Memphis 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Memphis is currently 1,440 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.